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20131202
20131210
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Search Results 0 to 49 of about 64 (some duplicates have been removed)
FOX Business
Dec 9, 2013 6:00pm EST
, user's guide to taxes. big change is coming. he will get you prepared tonight . and america's worst charities, is essential advice on giving wisely this christmas. we're watching out for you tonight on "the willis report." ♪ gerri: welcome to "the willis report." your show, your money, your voice. tonight your health care costs. new warnings of how the architect of obamacare processing you can keep your doctor if you paid up with more on this, it has some fire, health fellow at the heritage foundation. dr. kevin campbell, cardiologists will we're talking about, over the weekend, ezekiel emanuel said that, yes, you can keep your doctor, but you may have to pay more. listen to this. >> he asked a question, if you like your doctor, you can keep it. did he not say that, sir? >> did not say you could have unlimited. >> a simple yes or no question. >> yes. if you want to pay more for an insurance company that covers your doctor, you can do that. this is a matter of choice. you pay more for a wider range of choices or wider range of benefits. gerri: you are a doctor. did this come as a s
FOX Business
Dec 3, 2013 11:00pm EST
with the reliability of fedex. neil: first the tax hikes and now the spending streets. raises and hiking spending across the board. the state is now running a surplus according to reports. fox news radio host with us now. >> yes, i spent 30 years in sacramento. i am telling you, that is fiction, the fact that they have this surplus. not only in thestate of california, but illinois, his huge pension obligations and they pretend that those don't exist. and they are off the books. because of your add-in that is, we are talking that we cannot afford could have a $45 billion surplus this year. by the time summer comes around and that will grow until 2020 every single year. and they raise taxes by about $6 billion and it ties in perfectly and the problem is they have an obligation for their pensions, the two big state pensions and health obligations of 300 billion for the pensions and another hundred billion fr the health care for the retirees. $400 billion and not even addressing this problem. neil: let me ask about how they are able to sneak in raises for themselves as politicians back in 1990 they s
CSPAN
Dec 3, 2013 9:00pm EST
to find violators. what if a president wanted tax cuts that congress would not enact? president george w. bush proposed a reduction in the capital gains rate. have instructed the irs not to tax capital gains at a great greater than 10%? the point is not what you think of president obama's policy decisions. the point is, the president may consistent with the command that he faithfully execute the waiveunilaterally amend, or suspend the law. must resist the delivery pattern of circumventing the legislative branch in favor of administrative decision-making. we cannot allow the separation of powers enshrined in our abandoned into be favor of an undue concentration of power in the executive branch. warned, theison accumulation of all powers, legislative, executive and hands mayin the same justly be pronounced the very definition of tyranny. i introduced mr. conyers for his opening statement. >> top of the morning to my colleagues. the president's constitutional duty to faithfully execute the would be an important issue worthy of hearing by this was anye if there evidence that the president ha
FOX Business
Dec 9, 2013 1:00pm EST
listing means for the exchange. lori: big tax fighting back, some of the sector's biggest names callin: on washington to b government surveillance. their plan straightahead but first time for stocks now, let's head to the floor the new york stock exchange with nicole petallides. stocking sendin extending fridag jobs inspired jump. nicole: that is) jobs inspired jump, without enough to push us over the unchanged line for the week but we did have a nice gain on friday, 200 planes worth. today adding 19 points, that pales in comparison but still end up arrow nonetheless. at least has been kept to the upside up about one-tenth of 1% to a quarter of a percent. it is worth watching the s&p, it is up nearly 27% this year, which is the best year we have seen since late 1998. we have a big deal today. talking about the food company, u.s. foods reached a deal to merge. the total enterprise of the transaction everything included is actually over $8 billion. up 11.5%. back to you. adam: so, deal or no deal. negotiators in the house and senate work to hammer out a budget deal before the house leave
CSPAN
Dec 3, 2013 10:00am EST
, by refusing to fine violators? what if they president wanted tax cuts that a president would not enact? to the instrument the irs to decline to enforce the income tax laws? president george w. w. bush proposed unsuccessfully a reduction in the capital gains rate. should he have instead simply instructed the irs not to tax capital gains at a rate greater than 10%? the point is not what you think of any president obama's individual policy decisions. the point is the president may not consistent with the command that he faithfully execute the laws unilaterally amend, way versus and the law. we must resist the president deliver a pattern of circumventing the branch in favor of administrative decision-making. we cannot allow the separation of powers enshrined in our constitution to be abandoned in favor of an undue concentration of power in the executive branch. as james madison warned centuries ago in federalist number 47, the accumulation of all powers, legislative, executive and judiciary in the same hands may justly be pronounced the very definition of tyranny. it is now my pleasure to
CSPAN
Dec 3, 2013 11:00pm EST
. in some instances, require you to file an income tax return. is the constitution capable of ignoring both categories of law? said, several times, congressman garrity, -- cannotthe president refuse to enforce a law because the policy reasons. >> the congress decided that if you possess a controlled substance, you get a certain in prison.ime you may or may not like mandatory minimum sentences, what this administration summarily dispensed with that law. my question to you is whether or not the chief executive ken and failed to enforce categories of law that are permissive and mandatory. >> it is established that the executive branch has prosecutors prosecuteretion -- orial discretion. >> can the president -- let's assume that a statute requires you to have two pieces of identification to purchase a firearm, can the chief executive knock it down to one? >> i guess i would -- -- can achieve executive >> can the chief executive knock it down to one form of identification? of limits onare the presidential pardon authority. >> you would say he could question mark >> under the pardon authority, he
CSPAN
Dec 7, 2013 4:00am EST
provide health insurance or pay taxes. this and other subsequently announced the delays do not enforce at all. on the contrary they are merely phasing in the adjustments designed to ensure effective implementation of the statute in accordance with congress purposes. the treasury department announcement makes that clear in the proposed regulations that it has followed through on on september 5 to make that clear as does the treasury statement that it intends to continue fine-tuning those regulations and working with the people affected by them until you become finally effective. and i should emphasize just after the administration took this action, president george w. bush secretary concord the obama administration to delay the mandate was wise. that was based on his experience in phasing in the medicare part d. prescription drug benefit. i have to say hyperventilating about an extraordinary and unprecedented constitutional these delays are is just that. it's contrary to the obvious historical fact. nor is the delay of the employer mandate on the front of the constitution. the framers c
CSPAN
Dec 7, 2013 6:00am EST
and large the perimeters of the tax and apply it to areas outside the statute contemplated? >> no. >> let me qualify that. this is an abstract question. >> i will give you a chance to respond. you cite bureaucrats in the administration on the president's conduct but you don't cite any quotes for the president himself justified in his conduct and what is interesting in the most recent legislative six for the grandfather plans here is what the president says. already people that predated them can keep the plans they have in place. that was already in the law and that is what was called a grandfather clause that was included in the law. today we are going to extend that principle to people whose plans have changed since the law took effect and people that bought plans since it took effect. in other words, obamacare has a grandfather clause anything after the enactment of obamacare is illegal unless it meets the statutory requirement. with the president is saying as he is extending a grandfather clause to cover plans beyond what the statute contemplates so you think that's appropriate? >> i thin
CSPAN
Dec 3, 2013 12:00pm EST
of child pornography. the lock in some instances require you to file an income tax return. mr. lazarus, is the chief executive constitution capable of ignoring both categories of long? >> well, as i said several times, congressman gowdy, the president cannot refuse to apply or enforce the law for policy reasons. >> well, let's analyze that for a second. congress decided in its collective wisdom that if you possess xml at a controlled stuff as you're going to get x. amount of time in prison. you may like mandatoriness. you may not like them. this administration summarily dispensed with that law. so my question to you again is can the chief executive failed to enforce categories of laws that are both permissive and mandatory. >> it is well-established that the executive branch has prosecutorial discretion. that's a decline in force spendt what are those limits of? >> very frankly, i'm not an expert on that. >> let me ask you this. can the president -- lets us in a statute required you to show two pieces of identification to purchase a farm. can the chief executive knock that down to one?
CSPAN
Dec 4, 2013 7:00am EST
insurance at a reasonable cost through choice and competition on this marketplace and tax credits that you may be eligible for that can save you hundreds of dollars in premium costs month potentially. to -- now that we are getting the technology fixed ande need you to go back take a look at what is actually going on. it can make a difference in your lives and the lives of your families. the president yesterday as onlaunches the second act healthcare.gov, encouraging people to go to the website and try again. the washington times this -- the president leader and chief on obamacare. -- salesman -- cheerleader in chief for obamacare. democrats and the president are expected to have a coordinated effort in pushing healthcare.gov. --e is a congressman's tweet what do you think about the rollout of healthcare.gov enter the president fire somebody? betty in albuquerque, new mexico. democrat. thank you for accepting my call. this particular congress that we now -- i believe the th -- hasnd 12 -- 112 title of the greatest do-nothing congress in the history of the united states. they have been held
CSPAN
Dec 4, 2013 5:00am EST
where he has -- he's implementing it in a way such that he is taxing and borrowing and spending over the next ten years. $700 billion that congress never authorized. now he may disagree with my interpretation of the law. i know mr. lazarus does. i know that you and i and mr. lazarus would all agree that a president were trying to tax and borrow and spend them hundred billion dollars without authorization tha that may be impeachable. >> does anybody think that the actions of going into iraq without actual knowledge of weapons of mass destruction or anything else would have been an impeachable offense? esther lazarus, you seem to be nodding. >> this regard the nod. i was very upset about that whether it is an impeachable and the decision congress would have to make. mr. turley? >> the issue does come closest for both president obama and president bush created the reason i do not think that it rises to that level is because iof the court's decisions they have made this feel like such of a mass. first of all, by the judicial and then not reviewing it it's very hard to maintain the offens
FOX News
Dec 4, 2013 6:00am PST
campaign with joe the plumber. that means redistribution of wealth. it is all about higher taxes on the rich. he thinks he has a mandate to push higher taxes to the rich and more spending on education. he calls it investment in the p priorities. and he sees his time in the office evaporating. the president tried to say the talk about the economy ties in health care. >> any launch of a project this big. because we know that the ultimate goal/aim is to make sure that people have basic security and the foundation for the good health they need. >> white house officials saying this talk of income inequality will be a focus of the final three years in office. you noted at the health care event he said making sure republicans didn't repeal the health care law. it is a crowded agenda and hard to figure out what is his top priority. >> you have to imagine republicans will push back. >> absolutely. they have pushed back on his tax policies and new spending, the president calls it investment, but they have pushed back on the idea that this is adding security to the middle class because you
FOX News
Dec 9, 2013 6:00am PST
people are going to react? >> people will say, what did i do to deserve this after all you pay your taxes, work for a living. you've been forced to change your doctor. you've been forced to pay more for inwhich you may or may not need but the second sticker shock which is as you point out, heather, deductibles. the study was done by health pockket incorporated which studies this kind of thing. the federal exchanges, they found out the bronze plan has an average deductible for individuals of $5081. let's point out that is money you've got to shell out from your own pocket before insurance coverage kicks in. $5081 for the bronze plan. i don't think that is affordable to a lot of people, heather. >> i thought it was interesting, they were taking a look at say one woman having a baby. if you look at these numbers, it's not covered. they pay all of it out-of-pocket, is that right? >> that's correct. the average cost of having a baby in some states, the states studied was over $6,000. if your deductible is $5081 and more for a family, your birth is not covered. this may result in some, not in t
FOX Business
Dec 4, 2013 9:00pm EST
tax dollars is not solving it. >>hank you. gerri: unbelieveable, right, own carry mess goes on. and now more disturbing news for your healthy, fda warning some defidefibrillators made by phils medamedical system may fail. i have to tell you, i think this story is appalling, so many machines and only now federal government waking up saying we need to fix it, get out tell people that machine macs may not work. they may be -- you may be having a heart attack, it supplies to you, you are not rsus started. where is the government been? what about something simple like this. >> you know, interestingly, fda just this year, finally passed new legislation that they will regulate deeibrillators like other medical devices, however all tse bits and pieces are just now coming together, over 400,000 americans die suddenly every year, that is more than all types of cancers combined, if you have a defibrillate or deployed, 70% survive without one, less than 5%. >> how big is this problem with these machines not working? why are they? how many are there? >> this particular did fibrillatdefibri
FOX Business
Dec 2, 2013 9:20am EST
. a low rate flat tax, spending restraint. you know the drill. it's all there. and that, this is all a consequence of very bad economic policies by this administration and congress, especially the senate and they've put through a lot of tax increases this year and you're seeing the consequences of it. look at what obamacare has been doing, it's liighths catastrophe and why would you expect something really good to be coming out of this mess? i wouldn't. >> i think we've had this conversation before. >> yeah, we have. >> unfortunately. are we going to have it again in a couple of minutes? because i question whether you're going to get any change in economic policy in the next three years, i don't think you are, but i'll come back to you on that one in a second, okay? >> it's a deal. stuart: i want to move on to amazon's chief jeff bezos on 60 minutes. he showed off a flight of amazon experimental delivery drones. yes, drones to deliver packages. keith fitzgerald is with us, keith, he's looking like the new steve jobs and amazon is behaving like apple. >> he's defining innovation and
FOX News
Dec 5, 2013 1:00pm PST
are expected to pay 10% of their after-tax income for health insurance policy that might have a $2,000 deduct illinois and some states the deductible is up to $6,000. these people are the healthy, invincibles and not a lot of people have disposable income no matter they're age to to have to put 10% of your disposable income out for something that is a piece of paper with a big deductible, is an uphill battle to convince these people to purchase. >> bottom line, the site is up and running and getting better and more people log on. apparently they're doing so but don't like what they see and log off. >> well, yeah. again, i think what you're going to see here is the president and the administration generally are going to have a campaign unlike we saw in 2008, unlike we saw in 2012, to save obamacare and they'll be pushing hard to get the young invincibles signed up. they want to sign sign 7 million people up by march 31. they won't have a million and a half people by december 1, which is a big deadline. you have to believe people who want insurance, who value insurance, have preexisting conditi
CSPAN
Dec 4, 2013 3:00am EST
their claim that the statute authorizes tax credit through exchanges of established by the federal government under section 1321 or that it was congresses intent for the statute to authorize tax credit through those exchanges. so there's a lot more to be said about all of this. if i make would like to respond to some of -- >> let me cut you off at this point. i only have all bit of time. mr. turley, you mentioned something along the lines of your concern that president obama is becoming the very danger, separation of powers was meant to prevent. and mr. lazarus mentioned earlier that, i don't know exactly who he's referring to, but some are hyperventilating about this whole topic. would you want to comment on both of those things, either in relation to each other or not? >> mr. lazarus maybe responding to my labor breathing with the flu, but if not, my testimony -- the reason i think there's this disconnect in our view, is we obviously read history differently. i view the constitutional convention is quite clear. the framers were students of history, james madison. 150 years before they took
FOX News
Dec 9, 2013 3:00am PST
the memo from the supreme court. it is not a penalty. it's a tax. that tax will be 2.5% of your income in three years. that's how they're going to get, i guess, young people to voluntarily pay more than double. in wisconsin a young man 27 years old, on average his insurance costs will increase by 124%, from about $1,100 a year to over $2,400 a year. that is because of obamacare. the patient protection affordable care act. >> you have obamacare? >> they're trying to get it. we've only gotten a few members of our staff that have been able to sign up so far. i think they've got to sign up today in order to make sure it is in place. my staff is scrambling and my wife is trying to find insurance in the state of wisconsin. >> this week is going to be the medicaid week. the president and the white house are going to be talking about how great it is to expand medicaid. you're not against -- >> brian, we've got to remember in 2009 when this law was being debated, 85% of americans maybe were satisfied with the price of the health care but they liked the health care plan they were on. they liked
FOX Business
Dec 6, 2013 9:20am EST
for your 401(k). and then there is this. the split among democrats, taxes at the heart of it, the "wall street journal" weighs in on that. who knew, rodeo hits the big money. a barrel racer. and some airports say okay to eat cigarettes. we will take you there. and those russian diplomats milking medicaid, is it that easy to take our money? the answer is yes. watch out, charles payne and monica crowley are back. with more. ♪ look at this, it is a rally, stocks surging on the jobs report that came out an hour and half ago. last hour telling us a selloff is going to come this afternoon probably. charles payne is here, you disagree with that. charles: that has been the pattern. in those intraday sessions there was a point in the session we were up, in other words what the pattern has become, excitement in the daytime, morning and the professionals, the smart guys kind of selling into that. i don't think so. we will be challenged. stuart: are you or are you not protecting a 200-point rally at the close of trading? he will be happy with that? because the economy is stronger, profits are str
CSPAN
Dec 2, 2013 2:00pm EST
incentives and tax penalty structure is exacerbating the crisis of unemployment in this country. my constituent, sandy from winston-salem, knows this firsthand. she contacted me to share how obamacare is impacting adjunct professors in north carolina community colleges. she said, our hours have been cut because of the unaffordable health care act. this legislation is the worst thing that could have happened to the average american. her story isn't unique. stories abound of community colleges working to figure out how they will manage to comply with obamacare's costly employer mandate. for some it means cutting part-time employee hours which shortchanges both workers and students. americans care about health care and they care about jobs. obamacare is the wrong solution for both. i yield back. the speaker pro tempore: for what purpose does the gentleman from texas seek recognition? mr. poe: i ask unanimous consent to address the house for one minute and to revise and extend my remarks. the speaker pro tempore: without objection, the gentleman from texas is recognized for one minute.
FOX Business
Dec 2, 2013 7:00pm EST
by online retailers to draw a new york state law that requires customers to pay a new york state sales tax, even if they are buying online. if you live in those states with sales taxes, you will have to pay the very same taxes as you would in one of those brick and mortar stores. much more is still ahead and we will take a look at the global hotspots ignored by the obama administration and the national media. revolution breaking out entirely. but what does the doctor and say? what does mr. obama say? and the president trying to keep congress from passing new sanctions against iran. we will be joined by ralph peters in k.t. mcfarland with the analysis. we will await results from cybermonday. jen rogers joins us to tell us what it means for the to be american economy and the global economy as well. we are coming right back. the obama administration touting dramatic improvements out of healthcare.gov, and that is not what we are finding. we will be talking with the former director, tom scully, on what is really going on with obamacare. as a business owner, i'm constaly putting out fires. so i
FOX Business
Dec 3, 2013 6:00pm EST
look at tax payers wallets. an open-ended obligation of my money going to insurers to fix the problem because the poor planning of this administration. again, why is that? >> i think it's not just this, it's the whole law, and i think you're actually onto something there. because people have talked about whether this will work and how many people would enroll, will there be a so-called deathspiral and etc. gerri: president is willing to open the process and the task of these insurers to give them whatever they want. let's talk about how many times the price tags for this website has gone up. that is now a billion dollars. it seems as though they are not willing to say that we are going to end this plan and what they are willing to say is that we will spend what we have to to make it work. and i could be disastrous. >> that is correct. but they probably will do exactly that despite what they have to. but even without him i don't think what they are going to get is much more than something that looks like a bit more medicaid for a few more people at a very high price tag. and it's not g
CSPAN
Dec 3, 2013 10:00am EST
by some now is not the time to raise taxes, yet the house budget cannot produce spending bills from the appropriations committee that can actually pass on the house floor. in some cases, they appear to not even be able to pass from subcommittee. all the while we're looking at a sea of unmet needs and face a floundering economy. there is one area that can help break the logjam, not solve all our problems, certainly, but help us significantly along the way. congress should address the critical needs of our nation's infrastructure deficit. roads, bridges, transit systems are all increasingly at risk. we are facing an inadequate state of repair, construction of new facilities are on hold and we are losing ground in meeting our own needs, let alone the challenges of global competition. yet, this challenge is an opportunity for some potential progress. we know what to do to meet this challenge. we can write a new transportation bill that will meet today's needs. it just needs more money. there is a vast coalition that supports additional resources for infrastructure. the so-called special
FOX News
Dec 3, 2013 5:00pm PST
is being held back by his tax policies and by obama care mandates on business. there is no question about that that's not what's best. the medical industry in america will suffer from obamacare. it will be harder for working folks to see a doctor and healthcare costs will actually rise because of co-pays and deductible, that's not what's best. barack obama will not believe me and others who see harm to the nation going forward. and that's where we are. and that's the memo. now, for the top story tonight, reaction, joining us from washington, fox news political analyst charles krauthammer. i think it's just theoretical, you know, it's this theoretical world that president obama seems to live in and i'm becoming more and more concerned about that and you say? >> it's also a rhetorical world, theory and rhetoric. it's like king knute being urged by his worshipful acolytes to tell the tides to go backwards and at least knute had the self-consciousness to tell them that can't be done. obama thinks that he is repeal reality with rhetoric. i mean, after all, the one thing he can really do well i
CSPAN
Dec 8, 2013 10:05pm EST
sent that to crooks, refunds for your taxes. when i say the crooks, 585 checks were sent to one address in singapore. [laughter] they sent over 850 checks to one address in lithuania and on one level we have to ask ourselves how we ended up with a government that is so mindless and incompetent that it could do this. if you had to choose this or spending it at the national institute of health and research, i would argue that it would probably be dramatically better. i know that this is a bold and outside of the box, unfair thing. what drives me crazy is that to the best of my knowledge there is no serious effort to think any of us through. i am writing a paper and here is the difference. the oversight hearings by when a group of congressmen get congressmen get together and they pontificate for the opening hour that this is is really bad, i can't believe how bad does. and i'm really embarrassed that this is so bad. and the bureaucrats come in and they all say, well, this is really not quite so bad, but it is pretty bad. and we feel really bad about how bad it is. and we want you to know t
FOX News
Dec 1, 2013 11:00pm PST
for tax credit. he said we should convert employers to tax credits. estimates of that were that there would be 11 million people who would lose health care coverage, the coverage they have, and they'd be dumped on to different kinds of health care plans. so, i have to -- and, you know, john mccain supported a health care plan that had 20 million people lose the coverage they had. so, without better alternatives. so, i think the idea that -- >> i don't -- >> no, no -- >> i know. but i'm just saying, it's a little hypocritical to hear complaints about coverage loss from someone who's authored a plan -- >> all right. thirty seconds to respond about a plan that doesn't exist. go ahead. >> it doesn't, no. but it's your plan. so, criticizing the president for a plan that would have less -- >> ok. we have your point. mr. capretta? >> she's wrong. my -- >> i'm not. >> yes, the plan i drafted, which i would love to have congress and other people consider, would not actually affect the vast majority of people in employer based coverage because it wouldn't change the exclusion
FOX Business
Dec 3, 2013 9:00pm EST
are paying for all of this, either through tax breaks or the green energy companies or other kinds of write-offs. but at the end of the day, why can the grid not handle it? what is a technil issue? >> it is difficult. they turn and they create energy, it is difficult to get that energy over to the coast and we generate a lot of wind energy in the country. and it's difficult to get overlooked where it's needed. and once you start rying to get it out elsewhere, it is a little bit more difficult. but the big problem is tha the wind is heavily subsidized and it's more expensive. so germany and spain have ended their subsidies because it is just so expensive. for example the energy department says the average costs of natural gas are $66. >> that tells a story, doesn't it? and from what inderstand, if you live in california, you put solar panels on their house and it's not likely you will stay in the house long enough to pay off those solar panels. even so, the devils are in the detail. and it's really hard to make it work and make it makes sense. talking to you about a supercomputer. you know a
FOX News
Dec 5, 2013 3:00am PST
pay taxes on it. >> and given the recipe to uncle sam? >> right. you have to turn over your rights to the recipe. >> but you didn't have to change the recipe? >> n. we don't want to change it. this is the best recipe in the whole world. we don't want to change it or mess up things. >> how do you characterize the success of the show? it's number one on tuesday nights. we can now drink liquor in public, unlike the flapper year when we first broke in the show, we could not serve liquor. now we can. how do you explain the success? >> we got the best maker here. >> and you were on the run, too. >> i was on the run. >> true. but there was an anxiety to the episodes. >> yes. >> you were rejected four times, right? what was the difference? >> the label was rejected a couple of times. some of the information. it's just the accountability. the government really wants to know exactly what's in that bottle. >> and they really want their tax money. when we watch the show, and it's great. it's really interesting. if i were a moonshiner, i'd be worried all the time that you'd get arrested. >> we
CSPAN
Dec 5, 2013 12:00am EST
prominent, taxes were slashed for the wealthiest, while investments in things that make us all richer, like schools and infrastructure, were allowed to wither. and for a certain period of time, we could ignore this weakening economic foundation, in part because more families were relying on two earners as women entered the workforce. we took on more debt financed by a juiced-up housing market. but when the music stopped, and the crisis hit, millions of families were stripped of whatever cushion they had left. and the result is an economy that's become profoundly unequal, and families that are more insecure. i'll just give you a few statistics. since 1979, when i graduated from high school, our productivity is up by more than 90%, but the income of the typical family has increased by less than 8%. since 1979, our economy has more than doubled in size, but most of that growth has flowed to a fortunate few. the top 10% no longer takes in one-third of our income -- it now takes half. whereas in the past, the average ceo made about 20 to 30 times the income of the average worker, today's ceo now
FOX News
Dec 4, 2013 4:00pm PST
in 2008. if you gone out and said people who voted for me i'm going to raise your taxes by $1,000, $2,000. people making 25, $30,000 right out of college. effectively by making them pay more for healthcare is that tax increase. >> a lot not happy with the nsa surveillance. >> younger voters more skeptical of government surveillance it seems. division that a lot of people hadn't heard of edward snowden and evenly split whether he was a patriot or traitor among those who had heard of him. >> what does this mean to the democratic party? people unhappy with the president and unhappy with obamacare and don't like the nsa. are they moving to the republican party or independent or are they just staying home. >> biggest increase is independents. that's still bad news for the democrats. they need the base to turn out in 2014 and 2016. if they're dase luciened. right now young voters are more disillusioned than they were in 2009 before the historical republican wave in 2010. it's looking bad for the democrats right now. >> are the democrats worried about this? do they seem -- see this as a real
FOX Business
Dec 4, 2013 9:20am EST
of the money is saved by being more efficient in medicare and medicaid and half are on taxes by people who should the. stuart: you want people to sign up. you want them to put their personal information, give you another chance, that is your you say you put yourand say you personal information, you're an architect of this, but your personal information into this and it is secure. >> i put my personal information on the web site when i was trying to look for information. i was very confident. stuart: what is it secure? >> you are asking me to guarantee something someone else has done. stuart: when you are telling people sign up. >> i think it is a good deal. stuart: you won't secure their in formation. >> it is a good deal. stuart: you have any personal liability? suppose we get identity theft down the road. are you liable? no, you are not liable. dr. -- it was fun. thank you very much. back to the markets, check the big board. we are down just two points. that is what we got you. the price of gold is down again, it was up earlier, the price of gold up by 1226. to nicole petallides at the t
FOX News
Dec 5, 2013 6:00am PST
and economic freedom. policies can be put in place, growth policies, tax cuts, corporate taxes being cut to get that growth going so everybody has an equal shot at prosperity. martha: let's take a look at some of these numbers. just verbally -- 1 per when asked what's the most important issue to you? 1% of the 18-29-year-olds thought that was important. jobs, unemployment rate, 7.3%. we note labor participation rate is historically low and continues to be so. americans on disability up three times since 1983. we throw more money at education, doug, than we have ever in the history of this country and we have seen what's happening to our test scores. i think the president is getting at the middle class. improving the state of the middle class. but i don't know raising the minimum wage and increasing early childhood education is the ticket. >> i think those are good things to do. i'm a democrat. but the issue is what monica came to at the end of her brief presentation. the answer is growing an economy to give everyone a chance to get ahead. the american people are angry there is no real chance to
CSPAN
Dec 4, 2013 10:00am EST
decline. the gas tax has not been increased since the clinton administration 20 years ago. the future prospects are even worse. demands are increasing and deferred maintenance takes its toll while we watch the bottom fall out of the highway trust fund. we've seen a slowdown in revenue due to the near collapse of the economy, a shift in driving patterns while people, especially young people, drive less and improved fuel efficiency. it's scheduled to improve -- further reduce gascon sumpings dramatically with -- reduce gas consumption dramatically with plug in hybrid vehicles. it's time for congress to act. we've seen our partners at the state level increase transportation level in 13 states, but they need congress to act to maintain that partnership. there's a large coalition that stands ready to support congress. the u.s. chamber, the national afl-cio, building trades, trucking industry, numerous associations of small and medium-sized businesses, local chambers of commerce, local government, professional organizations, bicyclists,. the coalition is broad and persuasive, requesting con
CSPAN
Dec 8, 2013 8:45am EST
every morning. .. these are in refunds. this is the refund for your taxes. when i say crux, they send 585 checks to one address in singapore. they said over 850 checks to one address in lithuania. now, at one level you have to ask yourself, how you ended up with a government so mindless and so incompetent that it could do this. $4 billion is an big money, but if you had to choose between giving it away to crooks or spending it at the national institutes of health on research, i would argue it would probably be dramatically better to spend on research. i know this is a bold outside the box, unfair, you know -- what drives me crazy about congress is businesses effort to think this stuff through. and i'm writing a paper right now where i'm going to call foresight hearings. is the difference. oversight hearings are when a group of can't think it together and they pontificate for the opening our this is really bad i can't believe how bad this is, and i'm really embarrassed that this is a better than the bureaucrats come in and they all say, well, this is not quite as bad as it seems that i
FOX News
Dec 3, 2013 8:00am PST
or delayed environmental or labor laws or enacted controversial tax cuts outside of congress. jenna: what was the argue against the president overarching or alleged overarching on obamacare? >> we had simon lazareth on the stand today and he said the president delaying the employer mandate, he called that a routine, quote, course correction in implementing a new law and opponents of the law are, quote, hyper ventilating over a temporary delay. >> this and other subsequently announced delays related to the a.c.a. do not constitute refusals for the a.c.a. at all. they are merely phasing in adjustments designed to ensure effective implementation of the overall statute in accordance with the purposes. >> the ranking democrat finds it, quote, very interesting that republicans who strongly oppose obamacare are now so determined to make sure this law is followed and implemented on time. jenna: molly live in washington. thank you. jon: fox news alert now. we're waiting the start of a new push to change the tone on obamacare. the president is about to hold the first in a series of events today to
FOX News
Dec 3, 2013 3:00am PST
lawmakers do not deserve it. california has one of the highest tax rates in all the united states. how about that? >>> it has been an annual christmas controversy in rhode island. for the past two years the so-called grinch governor, lincoln chafee outraging christians by referring to the tree at the statehouse as a holiday tree. now chafee is doing an about-face, finally calling it a christmas tree. in a letter the democratic governor says the past practice of calling it a holiday tree just generated too much anger. what do you think about that switch? those are your headlines at this hour. >> thank you very much, heather. every time we do a story about lincoln chafee, people write in, steve, you look a lot like him. i should go to rhode island with a christmas tree. >> you belong in the statehouse. >> we rhode islanders would not mind you coming to -- >> i bet. thank you very much for joining us on this awfully busy tuesday. a dozen minutes now after the top of the hour. the numbers are shocking. nearly 22 million people over the age of 18 still living with their parents. our next guest sa
FOX News
Dec 3, 2013 4:00pm PST
-year-old daughter was left off. >> tax credits that you may be eligible for that can save you hundreds of dollars in premium costs every month. >> people are going to be signing up, thinking they are going to get some help from the government in paying for. this and find out that the cost is much much higher than they anticipated. >> this bill was fundamentally flawed. >> what's important for everybody to remember is not only the law has already helped millions of people but that there are millions more who stand to be helped. >> the president's healthcare law continues to wreak havoc on american families, small businesses, and our economy. >> you got good ideas? bring them to me. let's go. but, we're not repealing it as long as i'm president. >> so does the pr obamacare have any shot of working pat buchanon joins us. >> good to see you, greta. >> somebody is really wrong. republicans, democrats have very different views of this law. >> what the president did was make the best case he could. there are individuals who have dreadful problems and medical conditions who have already been helped and t
FOX Business
Dec 4, 2013 7:00pm EST
that this administration now has missionaries and navigators and a tax hour and a grassroots army organizing for action, all pushing obamacare. they certainly have their work cut out for them. twenty-one of 36 states now have embraced the president's so-called fix for obamacare to the almost 5 million people whose coverage has been canceled by insurance companies. senator harry reid is offering to exempt his staff from buying insurance through the laws of exchanges and the other three congressional leaders include john boehner,, nancy pelosi, and mitch mcconnell, and they all have told their staff to join the exchange. on wall street today, stocks in the dow jones down and the nasdaq up a fraction. european regulators fined six financial institutions, a record 2.3 billion, for conspiring to interest rate manipulate interest rates. mgm selling its remaining 10% stake on allied financial. the carmakers lending arm getting about $900 million. the government remains the majority shareholder, which received a 17 billion-dollar bailout during the crisis, of which they have repaid two thirds. the president co
FOX Business
Dec 5, 2013 8:00pm EST
for this. if you talk about a waste gap in this country and they are taxing the heck out of the upper end of that another allows all votes to flow. so where have they been and when have you started caring? and just remember this, you can't raise the wage of quality anymore than that. and let us also remember that it is only a small price of that is paid at the minimum wage level. before they advance in before in their good work leads to good things and better pay. not governments and unions. whining about injustice only works if you are seeking justice welcome to our guests. these individuals don't like the wages and easier said than done. >> we have millions of americans out of work. i'm sure that they would love to have these jobs that the fast food workers don't. obamacare is already killing jobs and you have employers say that i'm not going to hire because i can't afford to pay health insurance and wages for 50 plus employees, and like you said, you know, it really harms minorities, blacks and hispanics get harmed because we always have higher unemployment rates. and doubling the mini
CSPAN
Dec 2, 2013 2:30pm EST
and medicare. they're going to get savings better known as cuts. a that budget also included tax cut that was paid for with an asterisk, meaning the ways and means committee and appropriations committee would have to figure out how to fill the $5.7 trillion hole. arithmetic requires you to recognize you can only fill the hole by either raising taxes or additional cuts. now we know that republicans are opposed to tax increases and the only real big ticket item left that could come anywhere close to filling that hole would be social security and medicare. the only thing on the table left to pay for that the c.b.c. budget does not include an ast risk or other budget gimmicks. our budget outlines a concrete plan that makes tough choices and presents credible options to achieve our budget reduction targets. the c.b.c. budget calls for revenue enhancements totaling $2.7 trillion over the next decade. our budget outline house the house ways and means committee and the senate finance committee can reach this number by highlighting several revenue options totaling $4.2 trillion that could be
FOX Business
Dec 9, 2013 9:20am EST
. $15 an hour, tax the rich, you must have health insurance or else. here is my take on the command economy. that's what it is. the left quarterbacked by president obama is trying to command the return of prosperity, command fairness, with an of a magic wand and command the economy to obey the white house. look at the $15 an hour movement. they want to legislate wages. it's not what you bring to the wage table, it's what politicians decree you should be paying, that's a command. look at the tax the rich idea. and that's an attempt to command income equality. wave that wand, make them pay, even more, and they tell you we will be all more equal. really? and how has that been going for the las five years. and then obamacare, perhaps the new motherload of the command economy, you shall have health insurance. you will give us your personal information, and stop whining if we lose it. you had enough of this yet? you see, it doesn't work. command economies do not produce widespread prosperity. they do not produce fairness, it is the politically connected to win by command. but most importa
FOX Business
Dec 9, 2013 11:00am EST
, in the early spring, you know, of last year. so, listen, here's the problem, does the internet sales tax matter more to retail shopping than weather? i think that the retailers have built it in that they know it's going to be -- dennis: every holiday season everyone worries about weather and retail sales, the thought that you have six fewer days that you're going to buy your kid fewer gifts, not going to happen. cheryl: matt, i will say the numbers have been weak this year, and i thought especially this year with the economy turning around we would -- >> but is the economy turning around? we have the lowest labor force participation rate in this country than any year since 1978. you can have some numbers up, stocks up, a few things, but if people aren't working and making money, they're not going to be spending. that's a fundamental, and it's still bad. >> here's a forecast for retail sales. you're going to see more discounts coming in be, right? it's been tend. >> as it should be. cheryl: any picks, charles? >> on the retail side, golly, i normally do. >> abercrombie. >> i'm assuming you're al
FOX News
Dec 9, 2013 8:00am PST
they qualify for tax subsidies to lower costs. there are so-called back end problems the way customers get information to insurance companies may mean some people who think they are signing up won't actually be covered. earlier this morning on "fox & friends" former vice president dick cheney said the long list of issues with the law is evidence that the government should stay out of personal health care. take a listen. >> the idea that the government that can't bring us a website that will function effectively is now also going to deliver a better health care system, i just find ridiculous. if you can't design and run a website, what the heck are you doing messing with the health care system of the united states? jenna: peter doocy is live in washington with more on this story and has been looking at the website since it launched, peter. what can customers do today and see today they couldn't on launch day? >> reporter: jenna it is very easy to see your deductible and out-of-pocket costs right next to your potential premium and that information is available for the first time on one scree
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